According to a market report by Lucintel, the future of the global wearable heart monitoring device market looks promising with opportunities in the retail pharmacy, hospital, and academic institute markets. The global wearable heart monitoring device market is expected to reach an estimated $5.9 billion by 2030 from $2.4 billion in 2024,at a CAGR of 1% from 2024 to 2030. The major drivers for this market are increase in the number of geriatric and obese population, increasing adoption of artificial intelligence and 5G, as well as, raising consciousness of the value of preventative healthcare and a healthy life.5style.
A more than 150-page report to understand trends, opportunity and forecast in wearable heart monitoring device market to 2030 by product (electric pulse based product and optical technology based product), device type (diagnostic & monitoring devices and therapeutic devices), type (activity monitors, smartwatches, smart clothing, and patches), end use (retail pharmacies, hospitals, academic institutes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the product category, optical technology based product is expected to witness the higher growth over the forecasts period due to increase in the prevalence of cardiovascular diseases (CVDS) and the rising geriatric population.
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In terms of regions, North America is expected to witness the highest growth over the forecasts period due to rising awareness about health and wellness, as well as, the region focus on digital health initiatives and telehealth.
Medtronic, Johnson & Johnson Private, Zimmer Biomet, 3M, Smith+Nephew, Boston Scientific Corporation, Integra LifeSciences, Abbott, Stryker, CONMED are the major suppliers in the wearable heart monitoring device market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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